Strait of Hormuz
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World
Iran Military Chief Vows Nuclear Arms Work Will Continue, Triggering Vow of Action From Netanyahu
Iran’s Islamic Revolutionary Guard Corps commander-in-chief Ahmad Vahidi explicitly tied Tehran’s nuclear weapons ambitions to the arms arsenals of Washington…
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Business
SpaceX AI Deal Shifts Chip Stocks as Wall Street Trades Near Records
Wall Street equity markets traded mixed near record highs on Wednesday as Elon Musk’s SpaceX rattled technology shares in its…
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Business
Iran and Oman Finalize Draft Deal to Reopen Strait of Hormuz as Trump Signals Imminent Agreement
Iranian and Omani negotiators have finalized a draft agreement to reopen the Strait of Hormuz through a dual-channel maritime corridor,…
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Business
Fannie Mae, Freddie Mac Surge After Bill Ackman Calls GSE Stocks ‘Stupidly Cheap’
Shares of Fannie Mae and Freddie Mac surged sharply on Monday after billionaire investor Bill Ackman urged market participants to…
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Business
Trump Claims Iran Talks Underway After Halting Strikes as Tehran Denies Direct Contact
WASHINGTON/TEHRAN — President Donald Trump said the United States has resumed negotiations with Iran following his decision to call off…
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Business
U.S. Executes Rare Joint Currency Intervention With Japan to Protect Bond Market
WASHINGTON — The U.S. Treasury Department conducted a joint currency intervention with Tokyo to bolster the Japanese yen using euros,…
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Business
U.S. Job Openings Hold at 7.36 Million in June Amid Iran Conflict and Energy Shocks
U.S. job openings stood at 7.36 million in June, signaling sustained labor market resilience even as a conflict involving Iran…
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Business
Saudi Aramco Profits Surge 33% to $33.4B as Crude Spikes Amid Strait of Hormuz Crisis
Saudi Aramco reported a 33% jump in second-quarter adjusted net income to $33.4 billion, beating market expectations of $31.1 billion…
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Business
Shipping Turmoil Drives Record £65 Million Profit for World’s Largest Broker Clarkson
London-based Clarkson, the world’s largest shipbroker, delivered a record first-half operating profit of £64.8 million ($87 million)—a more than 55%…
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Business
Crude Oil Drops Below $80 as Trump Claims Iran Peace Outline While Tehran Denies U.S. Talks
Global crude oil benchmarks plunged on Monday after President Donald Trump announced that Middle Eastern allies had framed a potential…
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